Invesco RAFI Emerging Markets ETF (PXH) is a emerging-markets ETF. As of October 9, 2026, ETF Copilot scores PXH 3.4 out of 10 — highest on Return (5.6), lowest on Growth (1.3). It trades at 10.9 times earnings, against its own median of 9.8. Its ten largest holdings are 30% of the fund.
What stands out in PXH's data
Emerging market companies, selected by fundamental factors and weighted by yield.
Expected to grow earnings much slower than typical emerging-market peers — the fund's yield focus comes at a cost.
A growth estimate of 11% sits behind most peers, well under the category median of 28%. Return on equity of 12.8% also trails. Holdings 356.
A value-tilted position in emerging markets for a portfolio that can handle sharp swings.
Why did PXH move this week? It rose 1.8% in the week to October 9, 2026 — Petroleo Brasileiro SA Preference and NAN YA Plastics drove it
PXH rose 1.8% in the week to October 9, 2026. The holdings that moved it most were Petroleo Brasileiro SA Preference (+14.2%), NAN YA Plastics (+19.2%) and Itau Unibanco (+17.4%); Mediatek (−5.3%) pushed the other way.
How is PXH rated? ETF Copilot scores Invesco RAFI Emerging Markets ETF (PXH) 3.4 out of 10
As of October 9, 2026, ETF Copilot scores Invesco RAFI Emerging Markets ETF (PXH) 3.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.4 / 10
- Growth: 1.3 / 10
- Value: 2.8 / 10
- Risk: 4.7 / 10
- Quality: 2.3 / 10
- Return: 5.6 / 10
Is PXH expensive right now? It trades at 10.9 times earnings, against its own median of 9.8
As of October 9, 2026, PXH is more expensive than 77% of its own last 9 years.
Trailing 12 months, built from PXH's holdings. How we calculate this →
What's inside PXH? 21% Tech
What's inside PXH: Size (Large 63%, Mid 33%, Small 4%); Geography (International 100%, US 0%); Tech 21.4%; AI 1.0%; Semiconductors 10.8%; Memory 2.8%.
What are PXH's top holdings? The ten largest are 30% of the fund
Taiwan Semiconductor, Petroleo Brasileiro SA Preference, Alibaba, China Construction Bank, Hon Hai Precision Industry, Tencent, ICBC, Vale, Mediatek and JD.com are PXH's largest holdings, in that order.
Less concentrated than 68% of Emerging Markets ETFs.
Half of PXH's weight sits in its 37 largest positions, and once those weights are taken into account it behaves like 74 equally weighted holdings.
What is PXH's expense ratio? 0.47% a year
As of October 9, 2026, PXH charges 0.47% a year, yields 3.87% and holds $2.1B in assets across 356 positions.
| Measure | PXH |
|---|---|
| Expense ratio | 0.47% |
| Dividend yield | 3.87% |
| Assets under management | $2.1B |
| Holdings | 356 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Invesco RAFI Emerging Markets ETF (PXH) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/pxh
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